The Freedom Story

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2008

Principal Officer

Lucy McCray

Phone

9254527657

Tax Period

2025-01-01 to 2025-12-31

The Freedom Story, founded in 2008, is a community nonprofit in the International Affairs sector that reported $1.1M in total revenue in fiscal year 2025. Expenses of $1.1M left a modest 5% surplus.

Mission

We protect children in Northern Thailand from trafficking and exploitation through locally-led prevention that educates children, strengthens families, and builds safer communities.

Program Service Accomplishments

Program 1

Expenses: $349,832

Education: The Freedom Story offers scholarships to children at-risk of being trafficked, helping them to stay in school. The scholarships cover tuition, uniforms, books, and associated costs of...

Education: The Freedom Story offers scholarships to children at-risk of being trafficked, helping them to stay in school. The scholarships cover tuition, uniforms, books, and associated costs of education. The program also provides mentorship support with after-school and weekend activities, home visits, child and youth development programs that strengthen performance in school and resilience through challenges.

Program 2

Expenses: $172,061

Partnerships: The Freedom Story partners with local CSOs, churches and other entities to prevent trafficking in their own communities. We conduct training, capacity building and provide technical...

Partnerships: The Freedom Story partners with local CSOs, churches and other entities to prevent trafficking in their own communities. We conduct training, capacity building and provide technical support to promote the prevention of trafficking, sharing about our methodology and leading practices to protect children, strengthen families and build safer communities.

Program 3

Expenses: $141,982

Human Rights: The human rights program conducts outreach, training sessions, and workshops that teach children and their families about their legal and human rights. This includes training for...

Human Rights: The human rights program conducts outreach, training sessions, and workshops that teach children and their families about their legal and human rights. This includes training for children and youth to recognize, prevent, and report child abuse, as well as training for their families on worker and citizenship rights. The program includes legal advice and aid in select cases.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $1,097,207

Program Service Revenue $0

Investment Income $18,067

Other Revenue $0

TOTAL REVENUE $1,115,274

Expense Breakdown

Grants Paid $473,181

Salaries & Benefits $306,815

Fundraising Expenses $108,986

Program Expenses $832,344

Other Expenses $276,302

TOTAL EXPENSES $1,056,298

Year-over-Year Comparison

	2025	2024	Change
Revenue	$1,115,274	$1,165,455	0.0%
Expenses	$1,056,298	$1,039,037	+0.0%
Net Income	$58,976	$126,418	-0.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$103,858

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Lucy McCray	CEO	40.00	Officer	$103,858	$0	$103,858
Carter Quinley	Director	5.00	Officer Director	$0	$0	$0
Ken Wytsma	Chairman	5.00	Officer Director	$0	$0	$0
Rachel Goble Hara	Director	5.00	Director	$0	$0	$0
Andrew Williams	Director	5.00	Director	$0	$0	$0
Christina Dyer	Chairman	5.00	Director	$0	$0	$0
Bill Stauffer	Director	5.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$1,115,274	$1,056,298	$700,479	$58,976
2024	$1,165,455	$1,039,037	$646,317	$126,418
2023	$753,239	$602,214	$511,123	$151,025
2023	$753,239	$602,213	$511,124	$151,026
2022	$504,293	$723,442	$360,731	$-219,149
2021	$823,328	$531,564	$578,610	$291,764
2020	$551,444	$405,754	$294,500	$145,690
2019	$543,355	$451,269	$141,232	$92,086
2018	$390,491	$516,947	$63,617	$-126,456